Budget Control Expert
5 days ago
**Job Description**
We are seeking a highly skilled Senior Projects Cost Controller to join our team in Qatar with a major Oil & Gas Company.
**Responsibilities and Expectations**
- To implement safety guidelines and company HSE policies in all activities.
- To perform duties in accordance with company values and policies, relevant laws and regulations, agreed priorities and objectives, company standards and procedures, and good industry practices.
**Tender Support Services**
- To assist in preparing contract documents and providing input on commercial and reimbursable terms, ensuring alignment with WBS etc.
- To collaborate with project managers and B&D entities to review cost estimates based on benchmark data.
**Financial Planning and Budgeting**
- To develop detailed annual budgets and revisions by consulting with internal entities and adhering to finance department's prescribed NOC budget standard format.
- To present budget performance and provide necessary defense.
**Cost Management and Control**
- To control available funds for each commitment.
- To maintain budgetary discipline, highlighting current trends, and explaining differences between forecasts and budgets.
**Monthly Closure and Reporting**
- To prepare monthly closure and ensure accruals made in the PALM system are consistent with the status of current projects.
- To compile required documentation for compliance with accruals.
**Invoicing and Cost Recovery Process**
- To establish effective billing procedures between project locations.
- To track invoices and work with NOC Accounting to ensure prompt payment.
**Additional Responsibilities**
- To promote cost awareness within the entity.
- To ensure confidentiality as per sensitive data.
**Qualifications and Experience**
- A minimum of ten years of experience in similar activities for oil & gas projects.
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